Entrepreneur Works With Milwaukee, Wisconsin Bank to Get an SBA Loan

A Milwaukee, Wisconsin SBA loan can be yours. Learn how one firm got a $50,000 business loan from this Wisconsin bank.

This loan to an entrepreneur is a good example of an SBA loan. Layton State Bank made the loan and the SBA guaranteed a portion of the loan. Many other Wisconsin entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: CATERERS
GREENDALE, WI 53129

SBA Loan Lender

LAYTON STATE BANK
2740 W FOREST HOME AVE
MILWAUKEE, WI 53215

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722320 - Caterers

Loan Approval Date

3/25/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Greendale WI, you ought to talk with a local Greendale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Greendale businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Layton State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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